Upsurge in usage of smartphones and internet, optimization of business performance to save time, and rise in adoption of m-health apps drive the growth in the appointment scheduling software market. However, lack of network infrastructure and awareness regarding software hinder the market growth.
On the other hand, demand for minimized administration efforts and usage of artificial intelligence (AI) & natural language processing (NLP) for appointment scheduling would create new opportunities in the industry.
According to the report published by Allied Market Research, the global appointment scheduling software market was estimated at $205.85 million in 2018 and is expected to hit at $546.31 million by 2026, garnering a CAGR of 13.1% from 2019 to 2026.
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Based on type, the web-based, SaaS segment accounted for nearly two-fifths of the total market share in 2018, and is expected to dominate during the forecast period. The mobile native app segment, on the other hand, is estimated to grow at the fastest CAGR of 14.6% from 2019 to 2026.
Based on organization size, the large enterprises segment generated the major share, accounting for nearly two-thirds of the total market. At the same time, the SMEs segment is anticipated to showcase the fastest CAGR of 14.2% during the estimated period.
Based on geography, North America contributed to more than two-fifths of the total market revenue in 2018 and is expected to lead the trail till 2026. Simultaneously, the Asia-Pacific region would register the fastest CAGR of 15.3% during 2019–2026.
The key market players analyzed in the global appointment scheduling software market report include Melian Labs, Inc., Appointy, 10to8, Setmore, SimplyBook.me, Square, Inc., Timetrade, Acuity Scheduling (Squarespace), SuperSaaS, and MindBody. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their stand in the industry.
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Key Benefits for Appointment Scheduling Software Market:
- This study presents the analytical depiction of the industry along with the current trends and appointment scheduling software market forecast to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and appointment scheduling software market opportunity.
- The market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the appointment scheduling software industry.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
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